The HMCS Waskesiu's bell is at Prince Albert in a museum. These frigates were named after towns and cities but because the name Prince Albert was already chosen for a ship in the British Royal Navy, the city decided to go with the name the Prince Albert National Park townsite - Waskesiu.

Notable events involving Waskesiu include:

24 Feb 1944German U-boat
U-257 was sunk in the North Atlantic, in approximate position 47°19'N, 26°00'W, by depth charges from the Canadian frigate HMCS Waskesiu (Lt.Cdr. J.P. Fraser, RCNR) and the British frigate HMS Nene (Cdr. J.D. Birch, RNR).